A price target tells investors where experts think the share price could go within the next year, and we're going to look at three ASX shares where analysts have put price targets on businesses that suggest they could rise by at least 75%.

Let's look at these different opportunities.

Autosports Group Ltd (ASX: ASG)

Autosports describes itself as Australia's only ASX-listed specialist prestige and luxury vehicle retailer. It has more than 80 businesses across key metropolitan markets in Sydney, Melbourne, Canberra, Brisbane, Gold Coast, and Auckland.

It has new and used vehicle dealerships, motorcycle dealerships, and specialist collision repair facilities.

The business is growing strongly – in the first half of FY26, revenue grew 10.9% to $1.52 billion, normalised operating profit (EBITDA) rose 26.6% to $70.6 million, and normalised net profit before tax (NPBT) grew 74.9% to $35.3 million. In January 2026, new vehicle written orders were up 13% and service and parts revenue was up 11%.

In its FY26 half-year result, it said it was expecting further profit growth, partly because of operating leverage and the inclusion of earnings from recent acquisitions.

According to CMC Invest, there have been five buy ratings on the business, with an average price target of $4.78, suggesting a possible rise of around 100% over the next year.

Myer Holdings Ltd (ASX: MYR)

Myer is best known as a department store retailer and it also has a number of apparel brands, including Just Jeans, Jay Jays, Portmans, Dotti, Jacqui E, Sass & Bide, Marcs, and David Lawrence.

The ASX share's FY26 half-year result included growth from the inclusion of acquired apparel brands into the business. Total sales grew 24.5% to $2.28 billion and underlying net profit after tax (NPAT) increased 21.7% to $51.7 million. But, 'pro forma' net profit declined 17% because of investments in strategic initiatives.

The Myer share price dropped more than 50% in the past year and it now looks cheap according to experts.

According to CMC Invest, there have been three recent ratings on the business, with two of those being a buy and one being a hold. The average price target is 53 cents, suggesting a possible rise of well over 80%.

It's now priced at under 8x FY26's estimated earnings, according to the forecast on CMC Invest.

Beacon Lighting Group Ltd (ASX: BLX)

The third ASX share that I'm going to cover is one of the leading lighting retailers in Australia with a large retail store network as well as having commercial customers and international sales.

The Beacon Lighting share price has dropped by around 50% in the past year, which makes it look a lot cheaper today.

According to CMC Invest, there have been six recent ratings on the business, with five of those being a buy. The average price target from those ratings was $3.06, suggesting a possible rise of around 80% from where it is today.

Using the forecast on CMC Invest, the Beacon Lighting share price is valued at 13x FY26's estimated earnings.

The post 3 ASX shares tipped to grow 75% or more in the next 12 month! appeared first on The Motley Fool Australia.

The risks are certainly higher, the lower down the market capitalisation list you go. Brand power isn't that strong and balance sheets haven't developed to their full potential.

WAM Microcap Ltd (ASX: WMI) is one of the funds that's focused on finding some of the most exciting opportunities at the small end of the market. The LIC recently highlighted two ASX small-cap shares in the portfolio that are exciting opportunities.

Duratec Ltd (ASX: DUR)

WAM described Duratec as a specialist infrastructure services company providing remediation, protection and energy services across civil, marine, mining and defence sectors.

The fund manager noted that Duratec's share price increased in March, supported by continued positive momentum after the release of the FY26 half-year result.

Duratec reported solid earnings in line with expectations, reinforcing investor confidence in its growth outlook and driving upward revisions to earnings forecasts.

Momentum was further supported by the award of a $45 million contract in Papau New Guinea (PNG) which was announced towards the end of March 2026. This highlights the ongoing expansion of the business.

WAM said the rising Duratec share price performance during the month reflected investor confidence in Duratec's earnings trajectory, project pipeline and execution capability, as well as the ASX small-cap share's exposure to resilient customer markets such as the defence sector.

Autosports Group Ltd (ASX: ASG)

WAM described Autosports as a motor vehicle dealership operator and provider of automotive services, focusing on the luxury and prestige segment.

The Autosports share price declined in March, reflecting market weakness across interest rate-sensitive stocks maid ongoing interest rate uncertainty.

On top of that, as part of the free trade agreement between Australia and the EU, which was signed on 24 March 2026, the luxury car tax threshold was increased for electric vehicles only, despite wider expectations that it would be completely abolished for all vehicles.

WAM believes that the March pullback does not reflect a deterioration in the company's strategic position.

The fund manager concluded its commentary on the ASX small-cap share by saying the team still view Autosports Group as well-placed to execute on strategic mergers and acquisitions in a highly fragmented industry.

The post 2 ASX small-cap shares to buy with big potential for returns appeared first on The Motley Fool Australia.

That said, when choosing between the two, Macquarie prefers Autosports Group.

As the Macquarie team said:

We prefer ASG, as it is well placed for organic and inorganic growth underpinned by good trading conditions in luxury brands and active M&A pipeline, which could more than offset any potential softening in new vehicle sales.

New acquisition to drive growth

And indeed Autosports Group has been on the acquisition trail recently, agreeing to buy South Australian-based Solitaire Automotive Group for about $50 million, with that deal announced in late February.

The deal involves Autosports Group acquiring Solitaire's 15 new vehicle and motorcycle dealerships, selling across 10 brands and generating about $300 million in annual revenue.

As Autosports Group said at the time:

The Solitaire Automotive Group has a more than 50 year history and operates Aston Martin, Maserati, Jaguar Land Rover, Cupra, Audi, Ducati, Volkswagen, Polestar, Volvo Cars and Zeekr dealerships in Adelaide. The purchase consideration consists of $50 million for goodwill and approximately $1 million for net tangible assets, plant and equipment. The $50 million goodwill will comprise of $25 million in cash and the remaining $25 million will be in the form of ASG shares to be issued at a price of $3.46.

Autosports Group Chief Executive Nick Pagent said Solitaire was a good fit for the group.

The Solitaire Group has meaningful scale, good growth prospects and a unique position as the sole retailer in South Australia for most of its brand portfolio. We are delighted to welcome David Smoker as a shareholder, and would like to thank the Smoker and Holst families for their goodwill through the transaction.

Autosports Group shares looking cheap

Macquarie said Solitaire had solid scale and good future growth prospects, "which suggests the acquisition would trade broadly in line with current group margins''.

They said there was also potential upside from a margin perspective as the newly acquired dealerships were integrated into the Autosports Group network.

The Solitaire deal is expected to be finalised by April and is subject to approval from the Australian Competition and Consumer Commission.

Taking all of this into account, Macquarie has a price target of $5.19 for Autosports Group shares, compared with the current price of $2.81.  

Autosports Group is also paying a trailing dividend yield of 3.38%, and was valued at $578.3 million at the close of trade on Thursday.

The post A recent expansion has Macquarie bullish on this luxury vehicle dealer appeared first on The Motley Fool Australia.

At the time of writing, Autosports shares are trading around $3.88, down 0.51%. The S&P/ASX All Ords Index (ASX: XAO) is also drifting lower following a strong Christmas rally.

Here's what the company had to say.

Major Victorian expansion now complete

According to the release, Autosports has completed the acquisition of 10 Barry Bourke Motors dealerships in Victoria through its wholly owned subsidiary, Autosports Castle Hill.

The dealerships sell a mix of well-known car brands, including Audi, Volvo, Jaguar Land Rover, Geely, GMSV, LDV, Peugeot, Renault, and Suzuki. They are located in Berwick and Doncaster, which are two key car retail hubs in Melbourne.

The total cost of the deal was about $32.8 million. This includes around $29 million in goodwill and about $3.8 million for net tangible assets, plant, and equipment.

Autosports paid $14 million of the purchase price by issuing new shares at $4.50 per share. The rest was paid in cash using the company's existing debt facilities.

Why Autosports wanted these dealerships

This deal supports Autosports' long-term plan to grow its network of prestige and luxury car dealerships in major Australian cities.

The company has previously said it wants to build stronger relationships with large global car brands such as Audi, Jaguar Land Rover, and Volvo. This deal supports that goal, while also increasing the company's exposure to newer brands such as Geely and LDV.

Autosports expects the acquisition to start adding to earnings straight away. Over time, the company believes profit margins at the new dealerships will improve and move closer to the group average within the first year.

A growing business with advantages

Autosports is Australia's only ASX-listed company focused on prestige car dealerships. It now operates more than 75 businesses across Sydney, Melbourne, Canberra, Brisbane, the Gold Coast, and Auckland.

Because of its size, Autosports has some advantages that smaller dealerships do not. It can negotiate better terms with car manufacturers, manage vehicle stock more efficiently, and offer a wider range of finance, insurance, and aftersales services.

The business also earns money from several areas, not just selling new cars. Used vehicles, servicing, parts, finance, and insurance all contribute to revenue.

In FY25, Autosports reported record revenue of $2.865 billion. That result shows demand for premium vehicles has held up reasonably well, even while broader consumer conditions remain uncertain.

What to watch from here

Now that the acquisition is complete, attention turns to how well Autosports runs the new dealerships.

Investors will be watching profit growth, cost control, and whether the company continues to expand through smaller deals.

For long-term investors wanting exposure to Australia's premium car market, Autosports remains a stock worth keeping on the watchlist.

The post This ASX All Ords stock edges lower as investors digest key milestone appeared first on The Motley Fool Australia.

This sector is heavily influenced by factors like inflation, interest rates, and CPI. 

But while much of the sector has been relatively flat in the past year, there are two clear standouts that have brought impressive returns. 

Eagers Automotive Ltd (ASX: APE)

The company is the largest automotive retailing group in the Australian market.

The company's core business involves the ownership and operation of motor vehicle dealerships covering a diversified portfolio of automotive brands. Its range of products and services includes the sale of new and used vehicles, vehicle repair services, and parts, among others.

The Motley Fool's Kevin Gandiya covered last month that Eagers Automotive has benefited significantly from the rise of the fast-growing Chinese electric vehicle brand, BYD. 

Eagers operates roughly 80% of the Australian dealerships that sell BYD cars.

12 months ago, Eagers Automotive shares were trading at approximately $10.98 each. 

Yesterday, these consumer discretionary shares closed at $29.58. 

That represents a rise of almost 170%. 

A hypothetical investment of $10,000 this time last year would now be worth almost $27,000. 

Autosports Group Ltd (ASX: ASG) 

Another consumer discretionary stock that has raced ahead of the market in the last 12 months is Autosports Group. 

While Eagers deals with new and used cars, Autosports Group specialises in luxury and prestige car brands. 

The company's core business focuses on the sale of new and used motor vehicles. It also provides finance and insurance products on behalf of retail financiers and automotive insurers. 

The company has been expanding in the recent months, completing the acquisition of Mercedes-Benz Canberra and securing a prime Southport, Queensland site to develop a new flagship Mercedes-Benz facility.

12 months ago, Autosports shares were trading for $1.91 each. 

Yesterday, the share price closed at $4.52, which represents a rise of 142.36%. 

Based on these figures, a hypothetical investment of $10,000 a year ago would now be worth $23,665. 

Are either of these consumer discretionary stocks still a buy?

After rising significantly over the last year, many investors may feel they have missed the time to buy. 

Earlier this month, the team at Macquarie provided analysis on both stocks. 

The broker ultimately preferred Eagers Automotive shares due to the scale of its organic and inorganic growth opportunities. 

The broker had a price target of $29.98 on Eagers stock and $3.63 for Autosports Group.

This would indicate that Eagers is trading close to fair value, while Autosports Group is slightly overvalued at present. 

The post $10,000 invested a year ago in these consumer discretionary shares is now worth… appeared first on The Motley Fool Australia.

The listed investment company (LIC), WAM Research Ltd (ASX: WAX), targets businesses that it sees as the most compelling, undervalued growth opportunities in the Australian market.

The investment strategy appears to have worked effectively, as the WAM Research portfolio has delivered an average annual return of 15.2% since July 2010, before fees, other expenses, and taxes. This has significantly outperformed the S&P/ASX All Ordinaries Accumulation Index (ASX: XAOA)'s return of 9.4% per annum.

While the two businesses that WAM has highlighted aren't two of the most well-known businesses on the ASX, they appear to have compelling futures. They are both businesses within the top 20 holdings of the WAM Research portfolio.

Let's take a look at them.

Autosports Group Ltd (ASX: ASG)

The fund manager described Autosports Group as a motor vehicle dealership operator and provider of automotive services, with a major focus on the luxury and prestige car segment.

WAM pointed out that the Autosports share price benefited in October from strategic merger and acquisition activity.

During last month, the business completed the acquisition of Mercedes-Benz Canberra and after that secured a prime Southport, Queensland site to develop a new flagship Mercedes-Benz facility.

The fund manager believes these two acquisitions signalled to the market that the ASX share is delivering on its strategic options of deepening collaboration with luxury brand manufacturers such as Mercedes-Benz and its growing capital city presence.

The investment team believe Autosports Group is set to benefit from continued efforts to expand its dealer footprint and an improving macroeconomic backdrop.

Regis Healthcare Ltd (ASX: REG)

The other ASX share that WAM highlighted was one of Australia's largest residential aged care providers. The fund manager said that the business operates a national network of facilities with a growing pipeline of developments.

In October, the Regis Healthcare share price benefited from acquisitions. On 23 October, it agreed to acquire two high-quality residential agreed care facilities on Victoria's Surf Coast and Bellarine Peninsula for approximately $45 million, funded from existing net cash. The gross price per bed is "well below" replacement value.

The acquisitions increase Regis Healthcare's capacity by 230 beds, supporting occupancy and profit margin outcomes, as well as strengthening the company's footprint in Victoria.

WAM concluded on the ASX share:

We believe Regis Healthcare is a discerning capital allocator with respects to its acquisition activity and that the company is poised to benefit from funding tailwinds and increasing demand for aged care service.

The post 2 ASX shares to buy with strong growth potential appeared first on The Motley Fool Australia.

The team at Macquarie said they expected new vehicle demand to continue improving after growing 0.7% year over year in October, with a forecast that volumes will grow by the low to mid-single digits in the second half of calendar 2025.

Car sellers in the spotlight

Macquarie has an outperform rating on dealers Eagers Automotive Ltd (ASX: APE) and Autosports Group Ltd (ASX: ASG), but said on balance they prefer Eagers.

As they said in their note to clients:

Eagers is our preference given the scale of its organic and inorganic growth opportunities. Its acquisition of CanadaOne provides a platform for further North American inorganic growth, in what is a highly fragmented market.  

The Macquarie team expect Eagers' organic growth to be bolstered by the strength of electric vehicle BYD sales in Australia, as well as from an agreement struck as part of the CanadaOne deal to collaborate with Japan's Mitsubishi Corporation.

Eagers recently announced it would buy a 65% stake in CanadaOne for $1.04 billion.

Macquarie has a price target of $29.98 on Eagers stock and $3.63 for Autosports Group.

Aftermarket sales strong

In the 4X4 accessories market, the Macquarie team has an outperform rating on Amotiv Ltd (ASX: AOV) and ARB Corporation Ltd (ASX: ARB), saying Amotiv's valuation is attractive and its FY26 guidance is "achievable".  

They added:

We remain positive on ARB's offshore growth opportunities, with export segment sales growth of 16.4% in FY25 increasing to 17.6% in its recent first quarter AGM update.

They have a price target of $44.90 on ARB shares and $11.66 on Amotiv shares.

In the automotive financing sector, the Macquarie team likes three companies, in descending order of preference: Fleetpartners Group Ltd (ASX: FPR), SmartGroup Corporation Ltd (ASX: SIQ), and McMillan Shakespeare Ltd (ASX: MMS).

Their price targets for the companies are $3.68, $8.99, and $19.69, respectively.

In other automotive news, used car digital platform company Carma Ltd (ASX: CMA) listed on the ASX this week after raising $100 million at $2.70 per share.

The shares have traded lower since their Wednesday listing and are now changing hands for $2.45.

Carma is differentiated from its peers in the sector by offering a testing and reconditioning service for cars sold on the platform, ensuring customers can buy with confidence.

As well as selling cars to retail customers, the platform also conducts wholesale auctions.

The post Macquarie has singled out the automotive stocks they say are worth a look appeared first on The Motley Fool Australia.

Recently, I had a look at Wilson Advisory's Invest Now market snapshot, which picked out five of its highest conviction stock picks for investors. You can check that out here.

The Wilsons team said there were some warning signs in the market, such as domestic inflation showing signs of picking up speed and potentially tempering the outlook for further interest rate cuts.

But there are always pockets of value among stock exchange-listed companies, and along with their picks among the big end of town, the Wilsons team have also named four stocks which are worth a look in the small to mid-cap size range.

Investing ideas

So without further ado, these are the companies they're keen on.

Firstly, they have their eye on construction materials, equipment, and service provider Maas Group Holdings Ltd (ASX: MGH), which in August reported full-year revenue of $997.4 million, up 13%, and a net profit of $78.5 million, down 7%.

The Wilsons team is keen on Maas for its exposure to the building sector generally, as they explain:

This core business segment is led by a collection of quarries along the east coast and complemented by downstream capability in concrete and asphalt. Market conditions are attractive, including growing demand through infrastructure spend and residential housing activity, constrained supply on new quarry permitting and rational competitive behaviour.

They also suggest that growth through acquisition might be part of the Maas game plan.

They are also keen on prestige and luxury auto retailer Autosports Group Ltd (ASX: ASG), for "three broad reasons".

Firstly, the industry sector appears to be improving generally, and secondly, there is the potential for further industry consolidation.

Lastly, while the stock has re-rated, its valuation remains attractive, trading at a price to earnings discount to both automotive peers and other interest rate-sensitive consumer names.

Animal nutrition company Ridley Corporation Ltd (ASX: RIC) gets a tick as well, despite its shares trading close to their highs over the past 12 months.

We are attracted to Ridley's effective strategy of reinvesting in asset capacity to support volume growth in the bulk stockfeed business and the premiumisation journey for the packaged and ingredients segment. The recent acquisition of IPF Distribution offers opportunity for significant earnings improvement through cost reductions and network rationalisation, both of which management have successfully executed on within the existing Ridley business units.

And lastly, the Wilsons team also likes the look of Nanosonics Ltd (ASX: NAN), which sells systems for sterilising medical devices and which has had recent wins in the US market.

On the speculative side of things, the Wilsons team suggests Clarity Pharmaceuticals Ltd (ASX: CU6) could be worth a look, but warns that it falls into the high-risk category for investors.

Clarity Pharmaceuticals is a developer of radiopharmaceutical products for the diagnosis, clinical assessment and treatment of cancer. Clarity has staked out a proprietary position around the use of 'theranostic' isotopes of copper. Combined with Clarity's proprietary 'SAR' chemistry platform, these isotopes offer longer half-lives and superior product characteristics compared to conventional isotopes used in radiopharma.

Happy investing!

The post Wilsons Advisory names four small-cap investment ideas and one speccy stock appeared first on The Motley Fool Australia.

Autosports describes itself as a specialist prestige and luxury vehicle retailer. It operates more than 75 businesses across the metropolitan markets in Sydney, Melbourne, Brisbane, Gold Coast, and Auckland. It has new and used vehicle dealerships, motorcycle dealerships, used vehicle outlets, and collision repair facilities. It also provides finance and insurance services, aftermarket products, spare parts, vehicle servicing, and collision repair services.

Why this is a good time to look at the ASX small-cap stock

The company says it's benefiting from interest rate reductions, which are helping return to more normalised operating conditions. Autosports said that this environment is delivering improved net margins and operating leverage for the business in FY25. The company also said that the luxury segment demonstrated resilience.

What makes me particularly optimistic about the business is its outlook for FY26, which started with "positive momentum". July 2025 saw strong trading, with new vehicle orders up 20.2% and revenue up 13.5%.

The business is growing in multiple ways, with Geely Holding Group, including Geely Leichhardt and Volvo Cars Gold Coast greenfield dealerships, both opening this month. The company also announced earlier this year that it's representing the Porsche brand with the acquisition of Porsche Centre Canberra, which has now been completed.

The company said that improving new vehicle market conditions are expected to continue. Used vehicles, servicing, parts and collision repair divisions are expected to grow at a predictable and resilient pace.

Higher revenue through existing dealership facilities is expected to improve leverage.

The ASX small-cap stock also noted that the launch of Mercedes-Benz Southport is expected in FY27.

Autosports Group said it continues to actively assess further 'on strategy' acquisition opportunities that can add to earnings.

Expectations of profit growth

The company is forecast to deliver very pleasing profit growth over the next few years.

Using the projections on Commsec, the business is projected to make 25.3 cents of earnings per share (EPS) in FY26. That puts the current Autosports share price at less than 14x FY26's estimated earnings at the time of writing.

EPS could then rise to 34.7 cents in FY27 and 40.4 cents in FY28, according to the projection on Commsec.

I think it looks very undervalued for a business that could grow profits by 60% between FY26 and FY28.

The post I think this ASX small-cap stock is a bargain at $3.46 appeared first on The Motley Fool Australia.

In a note to clients issued this week, the broker says there are a number of tailwinds for stocks currently exposed to discretionary spending, such as retailers, fast food chains, travel operators, and consumer goods companies.

As a result, a top line recovery, easing input costs and operating leverage are set to underpin an upwards inflection in earnings across the sector. We saw a clear improvement in consumer spending throughout the August 2025 reporting season, with the latest trading updates from across the consumer discretionary sector showing accelerating sales momentum. In these early FY26 trading updates, median comparable same store sales growth sits at about 4%.

Not all retail stocks are equal

But that doesn't mean all stocks in those sectors represent good value.

Despite these positive dynamics, current valuations are a challenge. Consumer discretionary companies, particularly in retail, have significantly re-rated and are trading at the highest point of at least the past two decades.

Wilsons has run the numbers on 20 companies in consumer discretionary sectors and found that the biggest names, Wesfarmers Ltd (ASX: WES) and JB Hi-FI Ltd (ASX: JBH), are trading at the least attractive valuations.

At the other end of the scale, the broker has singled out Universal Store Holdings (ASX: UNI), Autosports Group Limited (ASX: ASG), and KFC owner Collins Foods Ltd (ASX: CKF) as attractive buys, based on their current forward price-to-earnings (P/E) ratios and expected compound annual growth rates out to FY28.

Niche companies presenting value

On Collins Foods, Wilsons says the company, which operates more than 300 KFC outlets across Australia, the Netherlands and Germany, has "strong cash conversion, and significant long-term growth opportunities through store rollout – particularly in Europe''.

In addition, CKF's earnings are at an inflection point, with its earnings leveraged to a cyclical recovery in domestic consumer spending over the near-term. The business is already starting to benefit from a stronger consumer backdrop following successive rate cuts, positioning it for a recovery in top line growth and margins that will underpin strong earnings growth.

Regarding Autosports Group, Wilsons says the automotive dealer is "one of our highest conmviction small and mid-cap investment ideas''.

Autosports Group focuses on luxury new vehicle sales, "while also selling used vehicles, aftermarket parts and providing services''.

Wilsons says the company is well-positioned for growth as industry headwinds start to unwind.

And specialty youth clothing retailer Universal Store is attractive due to its strength in private brands, which have strong pricing power, Wilsons says.

Its most successful private label, Perfect Stranger, now has standalone stores, which are group margin drivers as they overwhelmingly sell private brands. Due to the success of in-house brands such as Perfect Stranger and Neovision, Universal Store's private label penetration has increased from 30% to 55% in the past five years, with further scope to increase.

Wilsons says spending among Universal Store's youth customer base has been resilient despite cost-of-living pressures.

The post Three retail stocks to buy as consumer confidence bounces back appeared first on The Motley Fool Australia.

The broker has named a number of stocks it sees as good buys in the current market, pointing out that many of these companies are under-researched by brokers and operate in higher-growth sectors of the economy.

Compared to the ASX 100, the Small Ords index is far less concentrated and is less tilted towards growth-challenged sectors such as banks and iron ore. While just the banks and iron ore comprise about 38.5% of the ASX 100, these low growth sectors account for just around 1.5% of the Small Ords. While passive flows into banks (and other blue chips e.g. Wesfarmers) have supported the ASX 100's outperformance prior to this year, we believe this will unwind as valuations remain overstretched, particular considering their meagre growth outlooks.

As a result of being covered by fewer analysts, and traded by fewer investors, there was a higher degree of mispricing among smaller stocks, Wilsons says, and it also argues there are more merger and acquisition targets.

The broker also argues that small-cap stocks benefit disproportionately from rate cuts, as they are more exposed to cyclical sectors such as consumer and retail and carry more debt.

While small caps have outperformed since February as investors acknowledge the earnings boost provided by rate cuts, valuations have yet to overrun and still provide an attractive entry point.

Wilsons favours stock feed and fertiliser company Ridley Corporation Limited (ASX: RIC), saying it was reinvesting to support growth, and had made a highly accretive fertiliser acquisition.

RIC screens attractively at a forward price to earnings of 19x while offering three-year earnings per share compound annual growth rate of 15%. Management has been focusing on acquiring, expanding and de bottlenecking stock feed mills, adding incremental capacity. Increasing its scale also lowers the cost per tonne of feed, improving its unit economics and helping defend margins in a competitive market.

Wilsons also likes medical device infection solutions company Nanosonics Limited (ASX: NAN), saying the core TROPHON business is well-positioned and has an upcoming product launch.

Wilsons is predicting compound annual earnings per share growth of 21% for five years for Nanosonics.

With its recent FDA approval, CORIS, the first device cleared for automated cleaning of flexible endoscopes, is set to launch in FY26 and deliver material earnings upside.

Other companies favoured by Wilsons include Maas Group Holdings Limited (ASX: MGH), GemLife Communities Group (ASX: GLF), and Autosports Group Limited (ASX: ASG).

The post It's time to buy these ASX small-cap stocks Wilsons says appeared first on The Motley Fool Australia.

The ASX All Ords company's share price has jumped 13.1% over the past 24 hours after it released its FY25 results. For the year, the share price 51.62% higher.

For context, the ASX All Ordinaries Index (ASX: XAO) is down 0.31% today, but 12.08% higher than this time last year.

Yesterday morning, Autosports Group posted a 8.2% year-on-year hike in revenue to $2.865 billion. It also revealed a net profit after tax (NPAT) of $32.9 million, which is 46.4% lower than FY24.

In a note to investors, Macquarie Group Ltd (ASX: MQG) has revealed its latest stance on Autosports Group and its shares.

Strong upside ahead for the ASX All Ords stock

The broker said it maintains its outperform rating on Autosports Group shares and raised its 12-month target price to $3.63, up from $2.82 previously.

At the time of writing, that represents a potential 19.7% upside for investors.

Outperform. ASG's margins have bottomed and are beginning to recover. It is the most leveraged ASX exposure to the potential removal of the LCT [luxury car tax]. Inorganic growth remains in focus, and ASG's balance sheet is well capitalised to take advantage of the pipeline. Prior ASG research.

We raise TP by 29% to A$3.63, from A$2.82. We move to a NTM PE-based valuation (NTM EV/EBIT excluding floor plan multiple prior), with our valuation set at the midpoint of a 13-15x range.

The bottom end of our range is based on ASG's historic discount to APE of -40%. APE is currently trading on 21x, which at ASG's long term discount implies a multiple of 13x. ASG trades at a discount to APE, given APE's 1) brand diversity; 2) market share; and 3) liquidity. We believe a discount to APE is justified, but it should start to narrow over time, given 1) ASG is well capitalised to accelerate its organic growth via strategic M&A; 2) it has high market share in luxury brands, which is set to benefit from the removal of the LCT; and 3) liquidity is improving.

The top end of our range is based on PWR's CY25 multiple of ~15x. We do not believe ASG should trade at a discount to PWR given ASG's 1) better liquidity; 2) higher quality brand exposure (luxury vs mass market); and 3) its robust M&A pipeline.

What else did Macquarie have to say?

The broker noted that Autosports Group management is actively assessing acquisition opportunities. The company targets $250 million per year in revenue growth from acquisitions, with multiples typically 4-6x UNPBT plus assets. 

We think ASG could exceed this target in FY26 given 1) two acquisitions were already announced (Porsche and Mercedes Canberra); 2) quality assets are trading at cyclical profitability lows; 3) mgmt confidence in the pipeline (we are not aware of any other potential deals); and 4) funding capacity. ASG has available debt capacity of $110m, which mgmt believes is sufficient to execute on its pipeline in the next 12 months. Further expansion in Mercedes and Geely Motors brands appears likely, in our view.

Macquarie has lowered its earnings per share guidance for FY26, FY27 and FY28 by 2.3%, 5.2% and 5.1% respectively as higher depreciation and amortisation offsets underlying EBIDTA increases of 2%.

The post Macquarie tips 19% upside for this ASX All Ords consumer discretionary stock appeared first on The Motley Fool Australia.

In a recent note to investors, Macquarie Group Ltd (ASX: MQG) pointed to four strong automotive stocks that investors should buy today.

Amotiv Ltd (ASX: AOV)

The Amotiv share price is in the green on Wednesday afternoon. At the time of writing, the share price was 3.15% higher and changing hands at $9.015 a piece. For the year, the company's share price is 11.27% lower.

The company, which owns a portfolio of brands in the automotive market, is one of Macquarie's top stock picks. The broker has an outperform rating on Amotiv shares and a $10.90 target price. This represents a potential 20.9% upside for investors over the next 12 months, according to the share price at the time of writing.

ARB Corp Ltd (ASX: ARB)

ARB is Australia's largest designer, manufacturer, and distributor of four-wheel-drive and light commercial vehicle accessories. The company's share price is changing hands 2.96% higher on Wednesday afternoon. At the time of writing, the shares are trading at $34.75 a piece. Like Amotiv, ARB's share price is 10.78% lower for the year.

Macquarie has an outperform rating on the stock and a 12-month target price of $43.70. At the time of writing, this represents a potential 25.8% increase for investors.

Eagers Automotive Ltd (ASX: APE)

Eagers Automotive is the largest automotive retailing group in the Australian market. The company's share price is in the red on Wednesday afternoon, down 0.05% at the time of writing to $20.07 per share. Over the year, the share price has climbed an impressive 99.3%.

The broker has an outperform rating on the stock and a $20.60 12-month target price. At the time of writing, this represents a potential 2.6% upside for investors.

Autosports Group Ltd (ASX: ASG)

Autosports is a leading retailer of prestige and luxury cars. Its core business focuses on the sale of new and used motor vehicles. It also provides finance and insurance products on behalf of retail financiers and automotive insurers.

The company's share price is 1.16% lower at $2.56 at the time of writing. Over the year, the share price is 24.88% higher.

The broker has an outperform rating on the stock and a $2.82 target price, which represents a potential 10.2% upside for investors over the next 12 months.

What does the broker have to say?

For automotive dealers, the broker expects UPBT (Unadjusted Profit Before Taxes) margins have now bottomed, given broadly right-sized inventory and rate cuts providing bailment relief.

"It is unlikely the full benefit of further rate cuts is fully factored into consensus earnings. Every 25bp rate cut provides a ~$6.3m/$2.1m annualised benefit for APE/ASG's interest costs. We have an OP on APE and ASG," Macquarie said.

"APE is our preference given: 1) scale; 2) brand diversity; 3) BYD opportunity; 4) LT margin upside; and 5) potential offshore expansion. APE should achieve its larger than typical 2H skew of ~54%, supported by: 1) rate cuts ($6.3m 2H benefit); 2) Toyota incentive payments (~ $15-18m); and 3) BYD outperforming. 4.6k BYDs were delivered in CY25 YTD to 28.0k. This is 93% of APE's CY25 30k BYD volume guidance."

For the 4×4 accessories market, the broker says July 2025 volumes were flat to softer across many key models. 

"The Prado dynamic drove our 4×4/ ARB index up +6.8% yoy in Jul'25, while our APG/AOV index declined -5.0%. Volumes in APG's top 20 and also key 4×4 models, where it overindexes in revenue per vehicle, have improved over the last few months, but remain volatile," the broker said.

"Light Commercial vehicles as a % of total sales have reduced from 24.1% in CY21 to 22.2% in CY25. We have an OP on AOV and ARB. AOV's val is attractive (~10x FY26e PE) and we remain positive on ARB's offshore growth opportunities (~24x FY26e PE)."

The post 4 ASX All Ords automotive stocks to buy today: expert appeared first on The Motley Fool Australia.

That's because the team at Macquarie Group Ltd (ASX: MQG) believes that it could deliver market-beating returns over the next 12 months.

Which ASX All Ords stock?

The stock that Macquarie is tipping as a buy is Autosports Group Ltd (ASX: ASG).

Autosports is an auto retailer with a core focus on the sale of prestige and luxury vehicles.

Macquarie believes that the ASX All Ords stock would be a big winner if the government decides to remove the luxury car tax (LCT). It explains:

Media speculation indicates the Government is considering a gradual phase-out of the Luxury Car Tax (LCT) in effort to finalise a FTA [free trade agreement] with the EU. The LCT threshold for FY26 is $91.4k/ $80.6k for fuel-efficient/ other vehicles. Vehicles with a LCT value over the thresholds attract a LCT of 33% for the amount over the threshold. ASG is the most leveraged ASX exposure to the potential removal of the LCT. Its portfolio is dominated by luxury brands, with vehicles mostly exceeding these thresholds.

The broker also highlights that the company is stepping up its M&A activity with a new acquisition. It feels this leaves it well-placed to hit its revenue growth target. It adds:

ASG has announced it has acquired Gulson Canberra for $13m consisting of $12m of goodwill and $1m for net assets. This supports ASG's entry into the ACT, where Gulson operates Porsche, Fiat, Alfa Romeo, Leapmotor, Abarth and Jeep. ASG targets $250mpa in revenue growth from acquisitions, at multiples of 4-6x UNPBT plus assets. We expect ASG could potentially exceed this target in FY26 given 1) quality assets are at cyclical profitability lows; 2) management's confidence in the pipeline; and 3) sufficient funding capacity.

Time to buy

Macquarie has retained its outperform rating on the ASX All Ords stock with a vastly improved price target of $2.82 (from $2.00).

Based on its current share price of $2.45, this implies potential upside of 15% for investors over the next 12 months.

In addition, the broker is forecasting fully franked dividends of 8.6 cents per share in FY 2025 and then 14.6 cents in FY 2026. This equates to attractive dividend yields of 3.5% and 6%, respectively.

This stretches the total potential 12-month return to approximately 20%. It concludes:

Retain Outperform. ASG's margins have likely bottomed and should gradually begin recovering. It is the most leveraged ASX exposure to the potential removal of the LCT. Inorganic growth remains in focus, and ASG's balance sheet is well capitalised to take advantage of the pipeline.

The post Why this ASX All Ords stock could return 20% appeared first on The Motley Fool Australia.

For investors who aren't sure where to look, Macquarie Group Ltd (ASX: MQG) has just named its top S&P/ASX All Ordinaries Index (ASX: XAO) picks for the sector.

Here's what the broker has to say.

Top picks for auto dealers

In a note to investors, Macquarie said it thinks underlying profit before tax (UPBT) margins have bottomed.

The broker also said that the full benefit of further rate cuts hasn't been fully factored into consensus earnings. 

Every 25bp rate cut provides a ~$6.3m/$2.1m annualised benefit for APE/ASG's interest costs.

As a result, Macquarie has an outperform rating on ASX All Ords stock Eagers Automotive Ltd (ASX: APE) and a target price of $20.35. This represents a potential 8.94% upside from $18.68 as of lunchtime today.

The broker also has an outperform rating on Autosports Group Ltd (ASX: ASG) and a target price of $2.00. The stock is changing hands at $2.29 as of midday today.

We have an OP on APE and ASG. APE is our preference given: 1) scale; 2) brand diversity; 3) BYD opportunity; 4) LT margin upside; and 5) potential offshore expansion.

A larger than typical 2H skew is expected for APE of ~54%, which should be supported by: 1) rate cuts ($6.3m 2H benefit); 2) Toyota incentive payments (~$15-18m); and 3) BYD outperforming.

Top picks for auto accessories and aftermarket 

Volumes for 4×4 Accessories were mixed in June. Hilux, Prado, Triton, and D-Max had solid volumes, but Navara and Landcruiser were down 31% and 9%, respectively.

Our 4×4/ARB index was up +12.3% in Jun'25 and down -12.3% FY25YTD. Volumes in 2HFY25 (Jan-Jun 25) grew +7.7% sequentially. Our APG/AOV index declined -2.6% in Jun'25 and is down -4.6% FYTD.

Volumes in APG's top 20 and also key 4×4 models, where it over-indexes in revenue per vehicle, have improved over the last few months, but remain under pressure – Light Commercial vehicles as a % of total sales have reduced from 24.1% in CY21 to ~22% in CY25.

The broker has an outperform rating and a $10.90 target price on Amotiv Ltd (ASX: AOV). This represents a potential 28% upside from the current trading price of 8.51.

Macquarie also has an outperform rating and a $45.40 target price on ARB Corp Ltd (ASX: ARB). This is a potential 33.86% increase from the current trading price of $33.915.

AOV's val is attractive (~10x FY25e PE) and we remain positive on ARB's offshore growth opportunities (~24x FY25e PE).

The broker also has an outperform rating and target price of $5.85 on Bapcor Ltd (ASX: BAP), which is 11.8% higher than the trading price at lunchtime today.

The post What are Macquarie's top ASX All Ords picks in the automotive sector? appeared first on The Motley Fool Australia.

That's because the broker has just named its top picks in the sector.

Which are Macquarie's top ASX All Ords auto picks?

Firstly, let's start with auto dealers. The good news for them is that Macquarie believes that profit margins are about to hit a cyclical bottom. Especially given interest rate cuts and reduced discounting. It said:

We believe dealer UPBT margins are likely approaching a cyclical bottom. GPM pressure should start abating as discounting reduces given broadly right-sized inventory. Additional rate cuts will provide relief to bailment costs and are a tailwind for UPBT margins. We believe the potential benefit of rate cuts is not fully factored into consensus earnings. Every 25bp rate cut provides a ~$6.3m/$2m annualised benefit for APE/ASG's interest costs.

Because of this, Macquarie has outperform ratings on both Eagers Automotive Ltd (ASX: APE) and Autosports Group Ltd (ASX: ASG) shares with price targets of $20.35 and $2.00, respectively. It adds:

We have an OP on APE and ASG. APE is our preference given: 1) scale; 2) brand diversity; 3) BYD opportunity; 4) LT margin upside; and 5) potential offshore expansion. APE's CY25 guidance is for ~30k BYD volumes and 15.2k have been delivered CY25YTD, supported by 7.4k Shark deliveries.

What else?

Macquarie highlights that 4×4 Accessories were mixed in May. It said:

: May'25 volumes were mixed across key models with strength in Prado & Landcruiser, while the Hilux, Ranger and Navara were all down double digits. Our 4×4/ARB index was up +4.8% in May'25 and down -14.6% FY25YTD. Avg vehicles per month in 2H25TD is +2% vs 1H25 before the seasonally strong month of June, so 2H25 volumes should see sequential improvement on 1H25. Our APG/AOV index declined -8.5% in May'25 and is down -4.8% FYTD. Volumes in APG's top 20 and also key 4×4 models, where it over-indexes in revenue per vehicle, remain under pressure.

Nevertheless, it remains positive on ASX All Ords shares ARB Corporation Ltd (ASX: ARB) and Amotiv Ltd (ASX: AOV). It has price targets of $45.40 and $10.90, respectively, on them. It adds:

We have an OP on AOV and ARB. AOV's val is attractive (~10x FY25e PE) and we remain positive on ARB's offshore growth opportunities (~24x FY25e PE).

In addition, Macquarie has an outperform rating and $5.85 price target on Bapcor Ltd (ASX: BAP) shares.

The post What are Macquarie's top ASX All Ords picks in the automotive sector? appeared first on The Motley Fool Australia.

We might not be seeing the most well-known dividend payers, like Telstra Group Ltd (ASX: TLS), Commonwealth Bank of Australia (ASX: CBA), or BHP Group Ltd (ASX: BHP), in dividend mode right now. However, there are still no fewer than four ASX All Ords shares scheduled to trade ex-dividend next week.

Remember, when a company declares a dividend, it must also nominate an ex-dividend date to precede it. This date serves as a cutoff point in deciding which shareholders are eligible for the company's coming dividend payment.

If any investor wishes to receive a particular dividend payment, they must have that company's shares against their name as of the market close on the day before that company trades ex-dividend. If an investor buys that company's shares on or after its ex-dividend date, the seller will retain the rights to receive said dividend, even if they no longer hold the shares.

4 ASX All Ords shares scheduled to trade ex-dividend next week

First up, we have ASX All Ords share and aluminium producer Alcoa Corporation (ASX: AAI). Alcoa's latest dividend payout is set to be worth 10.5 cents per share, albeit without any franking credits attached. It is set to arrive in eligible shareholders' bank accounts next month on 19 November.

However, Alcoa has nominated next Monday, 28 October, as the ex-dividend date for this payout. That means if investors wish to receive it, they must own the shares by market close tomorrow.

Next, let's talk about Hotel Property Investments Ltd (ASX: HPI). This real estate investment trust (REIT) will pay out its latest dividend distribution on 20 November next month. This distribution will be worth 6.5 cents per share. As is usual for a REIT, it will come unfranked.

Investors have a little bit longer to decide if they wish to bag this particular dividend. Hotel Property Investments is scheduled to trade ex-dividend next Wednesday, 30 October.

That ex-dividend date is shared with ASX All Ords construction share Acrow Ltd (ASX: ACF). Acrow is also scheduled to trade ex-dividend next Wednesday, 30 October. Investors are in line to receive 3 cents per share on 29 November. This dividend will come with full franking credits attached.

Finally, we come to Autosports Group Ltd (ASX: ASG), an ASX All Ords share that deals in luxury car brands. Autosports has scheduled next Thursday, 31 October, as its ex-dividend date for its final dividend of 2024.

This dividend will be worth 8 cents per share and will come with full franking credits attached. For eligible investors whose names are next to Autosport shares as of the market close next Wednesday, payment day will be 15 November next month.

The post 4 ASX All Ords shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

Dividend payments aren't guaranteed, but a company with a high dividend payout ratio and low valuation can deliver a large yield for investors.

Let's see if the two high-yielders below might be worth considering.

Charter Hall Retail REIT (ASX: CQR)

This real estate investment trust (REIT) is a leading owner of property leased primarily to convenience retailers.

Some of the main tenants (by rental income) that together make up more than half of the ASX dividend share's overall rental income include:

• Woolworths Group Ltd (ASX: WOW), 14.4%
• Coles Group Ltd (ASX: COL), 12.8%
• BP, 12.7%
• Wesfarmers Ltd (ASX: WES) (Kmart, Bunnings, Target, Officeworks etc), 7.5%
• Ampol Ltd (ASX: ALD), 4.7%
• Endeavour Group Ltd (ASX: EDV), 2%
• Aldi, 1.8%
• Reject Shop Ltd (ASX: TRS), 1.6%

Investors may worry about the difficulties physical retailers are facing, but the ASX dividend share has strong tenancy metrics. The FY24 first-half result showed a shopping centre occupancy rate of 98.7% (up from 98.6%) and a portfolio-weighted average lease expiry (WALE) of 7.1 years.

E-commerce may be more popular now than it used to be, but shopping centres are still well-patronised.

This level of tenancy enables the business to earn good rental income and pay a good distribution. The distribution payout ratio range for FY24 is expected to be between 90% to 95%.

In FY25, Charter Hall Retail REIT is predicted to pay a distribution of 26 cents per unit, which translates into a forward distribution yield of 7.7%.

Autosports Group Ltd (ASX: ASG)

Autosports operates one of Australia's largest networks of luxury and prestige car dealerships, including BMW, Audi, Volva, Bentley, Mercedes, Lamborghini, Maserati, Aston Martin, McLaren and Rolls Royce.

It has 54 new car dealerships, three used car outlets, four motorcycle dealerships, and eight specialist prestige vehicle collision repair facilities. In FY23, it sold around 21,000 new cars and 16,000 used cars.

The ASX dividend share saw good numbers in the FY24 first-half result. Revenue rose by 26% to $1.34 billion, earnings before interest, tax, depreciation and amortisation (EBITDA) grew 20.1% to $107.8 million, and the company hiked the interim dividend by 11% to 10 cents per share.

According to management, there is resilient demand for luxury cars, while service and parts should continue "above trend" revenue growth on improved vehicle deliveries.

The business is also open to making more acquisitions to boost its scale.

Commsec predicts Autosports will pay a grossed-up dividend yield of 10.1% in FY25.

The post 2 ASX dividend shares predicted to pay huge yields in 2025 appeared first on The Motley Fool Australia.

Unfortunately, all too often, this leads to investors scooping up companies that are trading on low price-to-earnings (P/E) ratios, convinced they're making a great investment. What can ensue in the following years is a company that sheds its sheepish clothing to reveal a wealth-eating wolf.

The humble P/E ratio can be a handy tool on the investing toolbelt, but it shouldn't be the only one.

Cheap doesn't always mean value

Legendary stockpicker Warren Buffett has said before, "Price is what you pay, value is what you get." In all its simplicity, it can be easy to misunderstand what is really being conveyed in this statement.

The point is the price is secondary. It's impossible to know whether you're getting a good deal until knowing what it is you are getting for the price. Only then can an informed decision be made on whether an investment might present good value for money.

What makes it even trickier is that future value can be different to historical value.

For example, imagine you're looking for a set of sheets. A set of Egyptian cotton sheets have been selling for $150 for the past year. Suddenly, the store calls you up, "Hey, we're taking orders for next year… $75 and they're yours. The only catch is there's a good chance they end up being polyester."

You think to yourself… I can go buy standard polyester sheets for $20. Why would I pay $75? If they turn out to be polyester, that's not really good value for my money.

Essentially, a lot of 'cheap' ASX shares can turn out to be $75 polyester sheets.

My favourite personal example of this is Vita Group Limited (ASX: VTG). Early into my investing journey, I came across this company that looked dependable — leasing out stores to Telstra Group Ltd (ASX: TLS) — safe as houses, I thought.

At the time, Vita Group was trading on a trailing P/E of around 6 times earnings. I was sold. How could an ASX share be so cheap?

Well, it turns out Vita wasn't so dependable. After Telstra bought back its stores, Vita wasn't left with much of a business.

Despite never trading for more than 11 times earnings between 2018 and 2020, the company's shares gradually became worth less and less.

From 'cheap' at $1.50, to not wanting to touch it at 15 cents.

Which ASX shares are suspiciously cheap?

Flicking through a list of Aussie companies currently available for earnings multiples under 10, there are five that raise some concerns.

• Seven West Media Ltd (ASX: SWM) — 3.1 times earnings
• Rural Funds Group (ASX: RFF) — 2.9 times earnings
• Elders Ltd (ASX: ELD) — 7.8 times earnings
• Magellan Financial Group Ltd (ASX: MFG) — 7.2 times earnings
• Autosports Group Ltd (ASX: ASG) — 6.2 times earnings

Firstly, in my opinion, Seven West faces challenges with declining revenue from traditional media and increasing competition from Netflix Inc (NASDAQ: NFLX) and Walt Disney Co (NYSE: DIS) with the introduction of ad-supported tiers.

Furthermore, Rural Funds and Autosports could see their earnings reduce in coming years as profits normalise. Autosports has enjoyed above-average margins amid car supply shortages. Whereas Rural Funds has booked large profits from one-off gains in the past year.

Lastly, both Elders and Magellan are facing their own set of challenges. The Aussie agribusiness could see greater deterioration in business conditions if a drought grips the country. Meanwhile, Magellan is still trying to stem the outflows from its managed funds.

All of this is to say, it's worth taking a deeper look into a company before labelling it as a cheap ASX share. The abovementioned businesses might still represent value, but if they do, it won't be evident from the P/E ratio alone.

The post 5 ASX shares with tiny P/E ratios (and why they're not as cheap as they look) appeared first on The Motley Fool Australia.

Both cost and environmental concerns had somewhat stifled car sales for years before the pandemic hit. All of a sudden, health concerns around riding in confined spaces with strangers prompted a shift back to private transport.

Combined with supply constraints, the demand was so hot that, at one stage, used cars were costing as much as new cars.

As the world shifted to the post-COVID era, vehicle sales were expected to normalise.

But a memo to clients from the analysts at Celeste Funds Management suggests the party for the motor industry could go into overtime.

Strong results season for both these car retailers

According to the Celeste note, the team is bullish on dealership businesses Eagers Automotive Ltd (ASX: APE) and Autosports Group Ltd (ASX: ASG).

That's despite both stocks already having risen handsomely in the past month.

"Listed car dealers Eagers Automotive and Autosports Group rose 19.9% & 0.5% respectively off the back of strong earnings results in February."

Eagers, especially, has had a fabulous time. The stock price has rocketed more than 34% over the past month.

"Eagers delivered profit before tax (PBT) of $405.2 million, in-line with expectations and set a FY23 revenue target of $9.5 to $10 billion, underpinned by FY22 acquisitions, BYD Auto sales, and organic growth initiatives."

Autosports Group didn't do too badly either. 

"Autosports delivered PBT of $52 million, 9.9% ahead of expectations. No quantified guidance was provided, but the company noted continued momentum in 2h23."

The Celeste team is backing both stocks for further gains.

"We believe both companies will continue to benefit from an elevated orderbook that should provide high earnings visibility over the next 12 to 24 months," read the memo.

"We remain positively disposed to both stocks."

Last month, Morgans analyst Andrew Tang also expressed his bullishness for Eagers.

"The order book has over a two-year run off period (yet to commence) providing solid near-term visibility," he said.

"Cycle aside, Eagers is executing on building a sustainably higher earnings base via further consolidation, ongoing efficiency, new OEM strategies and new sales channels."

The post Start your engines: Fund backs 2 ASX shares to finish line appeared first on The Motley Fool Australia.